Everyone saw this set-up last summer ... I'm using the weekly TLT chart here instead of the TNX/TYX yield charts, but it's all the same pattern ... in the last few weeks another long set up appeared ... the low on the 30 year bond yield back in January 2015 was 2.226% ... frayed-shirtcuff chartists expect yields to drop below there, maybe significantly below there ... it's just what the chicken bones are forecasting, take it with grain of salt.